RIGHTWAY FOUNDATION

LOS ANGELES, CA, 90008-1752 (323) 903-5021 Est. 2011 EIN 90-0761009

J20— Employment Form 990 501(c)(3)

www.therightwayfoundation.org

Mission

To Build A Properous Future For Foster Youth By Providing Them With A Foundation Of Support,Good Values And Mental Health Treatment Solidified Through Employment.

Financials

Total Revenue

$4,394,684

Total Expenses

$2,624,668

Net Assets

$3,799,467

15 employees 10 volunteers

From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve

17.4 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 101.8%

Expenses ↑ 45.4%

Revenue Sources

Contributions 88.4% Earned revenue 10.8% Investment 0.8%

Expense Breakdown

Program 73.9% Management 16.4% Fundraising 9.7%

Officers & Key Employees (8)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Grants Received (44)

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Filing History (8 filings)

Year	Revenue	Expenses	Net Assets
2023 Form 990 Jul 1, 2023 to Jun 30, 2024	$4,318,211 ↓	$2,433,018	$3,914,644
2023 Form 990 Jul 1, 2023 to Jun 30, 2024	$4,394,684 ↑	$2,624,668	$3,799,467
2022 Form 990 Jul 1, 2022 to Jun 30, 2023	$2,177,396 ↓	$1,797,661	$2,037,451
2022 Form 990 Jul 1, 2022 to Jun 30, 2023	$2,177,397 ↑	$1,805,662	$2,029,451
2021 Form 990 Jul 1, 2021 to Jun 30, 2022	$2,144,208 ↑	$1,098,945	$1,657,716
2020 Form 990 Jul 1, 2020 to Jun 30, 2021	$1,175,404 ↑	$854,161	$612,453
2020 Form 990 Jul 1, 2020 to Jun 30, 2021	$1,164,903 ↑	$919,560	$536,553
2019 Form 990 Jul 1, 2019 to Jun 30, 2020	$503,286	$591,095	$115,210